Insider Selling: Donaldson Company, Inc. (NYSE:DCI) Director Sells 14,000 Shares of Stock

Donaldson Company, Inc. (NYSE:DCI) Director Trudy A. Rautio sold 14,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the transaction, the director now owns 26,420 shares of the company’s stock, valued at approximately $1,785,992. This represents a 34.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Donaldson Stock Performance

Shares of NYSE:DCI traded down $0.70 during trading on Monday, hitting $67.56. 413,023 shares of the stock traded hands, compared to its average volume of 464,956. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The company has a fifty day moving average price of $73.31 and a two-hundred day moving average price of $72.84. Donaldson Company, Inc. has a 52-week low of $61.79 and a 52-week high of $78.95. The company has a market cap of $8.07 billion, a price-to-earnings ratio of 19.64, a P/E/G ratio of 1.90 and a beta of 1.06.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.01. The business had revenue of $900.10 million for the quarter, compared to the consensus estimate of $888.88 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. As a group, equities analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a yield of 1.60%. Donaldson’s payout ratio is 31.40%.

Hedge Funds Weigh In On Donaldson

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UMB Bank n.a. increased its position in Donaldson by 359.2% during the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 273 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Donaldson during the 3rd quarter worth approximately $41,000. V Square Quantitative Management LLC lifted its holdings in Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 207 shares during the last quarter. GAMMA Investing LLC grew its position in Donaldson by 72.0% in the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 301 shares during the period. Finally, Headlands Technologies LLC increased its stake in Donaldson by 221.0% during the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 696 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DCI shares. Robert W. Baird raised their price target on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Morgan Stanley boosted their target price on shares of Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a research note on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $74.00.

Donaldson Company Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.